Tag Archive | "Short Sale"

Short Sale’s Are Now Tougher. Thanks. No Really…

Monday, December 21, 2009

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Short Sale’s Are Now Tougher. Thanks.  No Really…

This is a market changing turn for San Diego short sales and even short-sales nationwide.  This gives homeowners and their agents not room for error when going for short sale approval.        Today’s Morning Email from our Short-Sale Specialist:  Note – the homes lost to auction were not Lund Team clients. —————— Date: Sun, Dec 20, 2009 at 9:12 PM Subject: 911-Regarding Sale Dates Hi Team,   I [...]

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Not Buyer Beware. Buyer Prepare.

Thursday, December 17, 2009

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Not Buyer Beware.  Buyer Prepare.

If you are a buyer writing offers on short sales, be prepared. A short sale is not a foreclosure, but it is a “distressed sale” with a distressed seller.  In order to start the short sale process, the seller must write a hardship letter to the bank explaining how their situation has changed since they [...]

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Short-Sale Buyer Tip: Keep It Business

Friday, December 11, 2009

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Sandy is our in-house, short-sale expert.  Her years of experience from the early ’90’s is still relevant today.  So we asked her a tip of the day.  Sandy to buyers: keep it business.  She let’s short-sale buyers in that they are really buying a foreclosure.  The condition of the property, electronics, appliances, fixtures could be [...]

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